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Showing posts with label Tax Cuts. Show all posts
Showing posts with label Tax Cuts. Show all posts

Wednesday, January 3, 2018

Trump Changes the World!


Given that all the industrial nations of the world are forced to examine their own tax codes in order to compete with the United States, I'd say that President Trump's revision of the tax code has had quite an impact.

Once again the U.S. acts and others have to pause. Do they follow the U.S. and lower their tax rates or do they watch as commerce and currency flow the other way for a change, back to the United States. 

I'd say they'd better start sharpening their pencils 'cause if they don't, they're going to be on the wrong end of the tax flow. 

But this will also lift their boats as well as the long suffering U.S. tax base. Having more of the money they earned in their pockets will prompt people to spend more. It may take a little while since here in the U.S. under the last 8 years many have been holding on hard to their cash. But it won't be long when the withholding rates drop before people realize it's true. Their cynicism will recede. 

On to Welfare Reform

Time to get the "poor" onto the road to self-sufficiency. Changing the way the money is doled out should be the first thing. Charging their EBT card every month without question is a failed method rife with fraud. Make them come get it and confirm their addresses and status. 

The state of Massachusetts sent out a mass mailing a few years back to the "Supplemented Masses" and discovered that they had 19,000 incorrect addresses and later discovered they had 1000 dead people collecting assistance. 

So if you want to see a second coming, don't turn to religion, turn to the State because they have a far better track record of bringing back the dead. 

Many welfare scofflaws think they're getting away with something but they don't realize that they could have gone much further on their own initiative than taking the short money and just not trying anything else. 

Trump Pulls Back Foreign Bribes

Screw Pakistan! The last home of Osama Bin Laden. Oh that's right, they had NO IDEA he was there! 

And the "Palestinians" can go lump it too. They don't recognize Israel, apparently have never even seen a picture of the place. They can't find it on a map.

Well, unless they all sign up for Geography Lessons, they shouldn't expect a dime out of the U.S. ever again.

Did I mention it was OUR MONEY? It's OUR MONEY. It's not THEIR money until some idiot starts giving it away to them like our last president...what's his name. And the president before him and the president before him.

What were they trying to do? 

Whatever it was, it hasn't worked. These people still hate us and they're still harboring people who are plotting our demise. 

All while taking our money. Which begs a question I have asked myself often since millions of U.S. dollars was discovered in the walls of one of Saddam Hussein's many palaces: 

If you destroy the United States, what make you think that money will be any good? That part I never got. If you're going to destroy us, holding onto our money is just a bad business move. Also, who's going to buy all the stuff you make if we're not around? Another bad business move. 

Yes, after a year of struggles, of fighting with the Republican Establishment, the seditious Leftist Media, the insidiously corrupt FBI, the less than useless United Nations and having to deal with the slings of foreign Socialists from around the globe who just don't get it, President Trump has managed to pull off his bold statement. We're tired of 2.0 "growth" per year, we're tired of giving our money away to people who don't appreciate us and in other words...

we're tired of paying for nothing.  

Saturday, December 16, 2017

Why Tax Cuts for the Rich? Here's Why...


Since to the Political Left there can be no tax cut that does not benefit the "rich" in our society, I have a few answers for the question of why we are giving, once again, tax cuts to the Rich:

Because giving money to the poor hasn't benefited anyone, especially the poor. They've stayed stubbornly poor for decades. Taking the government money is a poor career choice.

Because you can't give poor people tax cuts since they don't pay taxes to begin with. Except if you count the gas tax but thats a Democrat thing and so nobody talks about it.

Because giving money to poor people doesn't create jobs or grow the economy. Any poor people offer you a job lately? I didn't think so.

Because, as my mother once told me; "There aren't enough rich people to take care of us. You can tax 'em all into poverty, it's not going to improve your lot in life one iota. Zip, nada, zilch. Now go get a *#)%_@!& JOB, will ya?!"

Because jobs are more important than poor people. No jobs equals no tax money and instead of trying to coerce McDonald's into paying $15.00 an hour for their dead-end jobs, wouldn't it be better to have jobs that did pay $15.00 an hour with potential?

That's the point.

We've been there and done that. We've shelled out Billions and Billions of dollars in welfare and it doesn't grow the economy and it doesn't make poor people want to become rich. There are too many government middlemen handling the money and taking a cut off the top for the money to actually grow the economy and it hasn't provided an incentive for people to work. Haven't we seen enough?

Tax cuts have worked to grow the economy every time they have been tried. Kennedy did it. Reagan did it. Boom and Boom! You want the numbers, Google 'em.

The Leftist talking heads ask; "How are you going to PAY for the tax cuts?" like it's the government's money we are talking about. It's not the government's money! The money comes from the private sector and out of peoples pockets before they even get a chance to see it. How do you "PAY" for a tax cut? Quit spending money that isn't yours and hasn't been earned yet! That would be a good start.

The government prints the money, the government takes the money, the government re-distributes the money, the government pays the people they use to take and re-distribute the money and the government spends the money. But the government does not EARN the money.

Tax cuts will be paid for once the Entitlement Programs are either discontinued or they collapse. No more kicking another brick under the government Pyramid entitlement schemes. Furthermore, more tax money is taken in during a robust economy than a stagnant one.

I heard on National Public Radio (NPR) that President Donald Trump's tax cut plan would funnel, yes, FUNNEL money to the rich. Like it was some sort of pay out. No, it's not a pay out. You keep it. The government takes LESS out of your pocket. They still are taking money, just not as much as they were before. That's what a tax cut is and I don't care how much other people get to keep as long as I get to keep some too.

This is not a mistake in reporting of course, NPR knows exactly what it's doing by using such Weasel Words. It's what they do and I'm sure they labor long and hard over their choice of words. They have to.

So ultimately you can only give a tax cut to people who earn and have money! Isn't it silly to call them rich because they have jobs and are bringing home a pay check? Some people earn more money than others but do not swallow the Cool Aid. Tax cuts work for the people who earn the money. They will grow the economy which is just now coming out of the last 8 years of Socialism-induced stagnation under the last president...what's his name again? 

The money will go to far, far better use in the taxpayers pockets than anywhere else. Ditto for businesses big and small.

For a business, taxes come out of something they make called "Profit" which is what money is left over after "Expenses", the costs of doing business. Profits of a company are mostly put back into the business to upgrade equipment and to possibly add employees. If it's a big business, profits also go to pay back the people who invested their money with them as "Investors" who hold "Stock" in the company, a "Piece of the Pie" so to speak. These people took a chance with their money in the hopes the business would grow and they too would profit. When the government takes this money, there is less money put back into the business for any of these purposes.

If American business can't keep up with their overseas competition who are taxed at a lower rate, what we get is what has been going on for the last 8 years. We now refer to this as a time of "Economic Stagnation".

The government has taken too much and has gotten zero return for the tax money they've spent. They've squandered it on welfare entitlements, antiquated pension plans, pay-back subsidies for donor solar panel companies, wasteful wars and interventions, free abortion on demand and the failure of a boondoggle that is the ACA. The last regime has only squandered money, strangled small business into recession and paid out "stimulus" to state unions without any "shovel ready" jobs as a result. 

No, no, we've done it the Left's way long enough. It has failed...AGAIN. The U.S. has the richest poor people in the world and still they are no better off.  In fact the American Middle Class is worse off because they've been contributing so much money to send "poor" people's kids to college, they can't afford to send their own and instead are burdened with tens of thousands of dollars in debt, to the government, that can't be charged off. So screw that! 

Give us the money back so we can spend it ourselves. 

After all, we earned it in the first place.